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2803 Mermaid Ave
Brooklyn, NY 11224
 Multifamily Property For Sale · 8 Units

Apartment Buildings New York Brooklyn 2803 Mermaid Ave, Brooklyn, NY 11224

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Investment Highlights

  • Significant development potential.

Executive Summary

Seize this exceptional investment opportunity in the thriving Coney Island neighborhood. This all-brick, mixed-use building features a ground-floor deli store (currently without a lease) and seven residential units. The property includes: Four 2-bedroom apartments Three 1-bedroom apartments Zoned R7A C2-4, this property offers significant development potential. Sold "as-is." A must-see for savvy investors!

Property Facts

Price Per Unit $313,563 CAD Building Class C
Sale Type Investment Lot Size 0.05 AC
No. Units 8 Building Size 6,800 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
 No. Stories 4
Apartment Style Mid-Rise Year Built 1927
Zoning R5,Brooklyn,(S9) - Medium density district with a height limit of 40 feet
Price Per Unit $313,563 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,800 SF
Average Occupancy 100%
No. Stories 4
Year Built 1927
Zoning R5,Brooklyn,(S9) - Medium density district with a height limit of 40 feet

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -

Property Taxes

Parcel Number 07011-0044 Improvements Assessment $511,844 CAD
Land Assessment $9,420 CAD Total Assessment $521,264 CAD

Property Taxes

Parcel Number
07011-0044
Land Assessment
$9,420 CAD
Improvements Assessment
$511,844 CAD
Total Assessment
$521,264 CAD
 

  • Listing ID: 32671312

  • Date on Market: 2024-08-02

  • Last Updated:

  • Address: 2803 Mermaid Ave, Brooklyn, NY 11224

The Coney Island Multifamily Property at 2803 Mermaid Ave, Brooklyn, NY 11224 is currently available. Contact Equity Essentials LLC for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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